Joyce denies rumors of Qantas takeover

Qantas (QF) has denied rumors of a possible takeover bid after media reports that a group of wealthy individuals, including venture capitalist Mark Carnegie, was putting together a syndicate to make a bid for the Australian carrier.

Qantas A330-200. By Rob Finlayson
Qantas (QF) has denied rumors of a possible takeover bid after media reports that a group of wealthy individuals, including venture capitalist Mark Carnegie, was putting together a syndicate to make a bid for the Australian carrier. A report in the Australian Financial Review said the group, which included former managers, “had been testing lenders on their limits to any debt financing,” according to AAP.
“There’s no formal ...